Slovak government wins confidence vote after debt breach


FILE PHOTO: Slovakia's Prime Minister Robert Fico speaks during a press conference after meeting with representatives of refinery Slovnaft in Bratislava, Slovakia, April 1, 2026. REUTERS/Radovan Stoklasa/File Photo

June 18 (Reuters) - Slovakia's parliament backed ⁠the government on Thursday in a confidence vote triggered by ⁠a breach of the country's legal debt limits, but the move ‌sharpened debate over fiscal policy.

Prime Minister Robert Fico's three-party coalition won support with 78 votes in the 150-seat chamber.

The euro zone country has a constitutional law on budget responsibility that mandates ​escalating measures as debt rises, from freezing ministers' ⁠salaries and spending to, ultimately, ⁠a confidence vote.

The top debt threshold, requiring the confidence vote, has steadily fallen ⁠from ‌60% of gross domestic product to 52% for 2025, the latest year with available data.

But exemptions for newly formed or caretaker ⁠governments have allowed successive administrations to avoid the strictest ​measures as debt climbed.

COURT ‌RULING FORCES CONFIDENCE VOTE

The last exemption expired in late 2025, but ⁠the government delayed ​the vote until a Constitutional Court ruling on Wednesday ordered it to act without delay.

Fico called the vote immediately, saying it was a formality.

Slovakia's debt stood at ⁠57.9% of GDP in 2024 and rose ​to 61.4% in 2025, according to official data. The opposition said the higher level should have triggered a vote late last year.

This year's budget targets a deficit ⁠of 4.3% of GDP, easing only slightly to 4.2% in 2027, while debt is seen rising to 65.1% of GDP next year.

The country's fiscal watchdog said on Thursday the vote should not have been treated as a ​formality.

"Before the confidence vote, fundamental questions should be heard: ⁠Do we know when and how the growth in debt should stop? Are ​proposed measures sufficient to lower debt?" it ‌said in a statement before the vote.

The ​Finance Ministry did not respond to a request for comment.

(Reporting by Jan Lopatka and Jason Hovet in Prague. Editing by Mark Potter)

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